The automotive industry is facing lower global demand, but sales of electric vehicles continue to be strong, reported Coface, a France-based credit insurer. In particular, global inflation and European Central Bank (ECB) policy are discouraging households from buying expensive goods. Simon Lacoume, global economist at Coface, said auto
Weak global demand for metals, driven by gloomy global growth forecasts (real estate, smelters), is affecting mining companies‘ financial forecasts, noted Simon Lacoume, global economist at French credit insurer Coface. According to him, the metallurgical sector is struggling worldwide against the macroeconomic context of stagflation. As a result,
A total of 32 automotive companies sold 519,534 units of light vehicles to the public in Mexico from January to May 2023, an increase of 21.4% year-on-year, Inegi reported. The companies are: Acura, Audi, Bentley, BMW Group, Ford Motor, General Motors, Honda, Hyundai, Infiniti, Isuzu, Jaguar, KIA, Land
The export of light vehicles from Mexico totaled 1,273,915 units from January to May 2023, an inter-annual advance of 9.2%, informed Inegi this Tuesday. Above all other companies, General Motos sold 274,852 units abroad, followed by Stellantis (185,639 units) and Nissan (141,952 units). Mexico directs around 74% of
POET Biorefining, Valero Renewable Fuels, Archer Daniels Midland and Green Plains Renewable Energy are the main ethanol producers in the United States. According to Highwater Ethanol, after significant growth in 2005 and 2006, the ethanol industry has grown at a much slower pace. The ethanol industry was affected
O Serviço de Administração Tributária (SAT) do México divulgou um balanço sobre os resultados da luta contra a corrupção e o número de funcionários públicos e contribuintes denunciados. Durante a atual administração, o SAT redobrou seus esforços para detectar redes criminosas, determinar o modus operandi e denunciar os